Toward a Critique of American Capitalism

Now conservatives like to talk about a free market economy in the United States, but America has never been a freemarket economy. It is mainly conservatives who have stopped the growth of the free market economy. Slavery, for example, is not part of the freemarket economy. Slaves should have been paid for their work. McCarthyism is not part of the freemarket economy. Scapegoating communists, blacks, gays, liberals, and foreigners for all the problems of the United States is not freemarket economy. It may actually have to do with redistribution of wealth. Blocking Jews, Asians, Irish, Italians, blacks, and others from attending Ivy League Schools or getting tenure at Ivy League Schools is not freemarket economy. Of course, with the sixties rebellion, many of these problems have been corrected and we've become a multicultural society which is part of the freemarket economy with unique, differentiated markets in many cultures. The rise of Rap Music (which really brings modern poetry into everyday life), the many different types of foods that are accepted, etc. For many minorities in the US for a while, only certain professions were open to them. Jews in America were largely marginalized until the 1950's I believe or around there. They chose to excel in the professions that they were good at (Hollywood, Banking, Retail, Academia, etc.) and in industries in which WASPS did not really want to partake in (Pornography, Banking, selling products that no one else wanted to sell).  Asians entered engineering, jobs in the sciences. Blacks slowly entered into sports, entertainment, academia. Of course, our grandfathers and grandmothers entered very entry level jobs and worked in intensely long hours in conditions that were very hard at least. I'm sure they faced sexual harassment, demeaning behavior, etc. but nothing was done about it and there was no one to talk to. As a minority in the US, you are not given much freedom. Your roles are assigned to you. Even as a culture, you have to deal with the problems that history presents for you. Now, capitalism is based on the idea of "englightened self-interest" via Adam Smith. This idea has been expanded on by Michael Porter who is a free-market microeconomist. But we must ask, is it possible to have a diverse, uniquely differentiated free-market and what would that mean culturally?